The ‘New Normal’ for Doing Business in China

While the business environment isn’t perfect for U.S. companies operating in China, the glass is still half full.

By

James Zimmerman

Feb. 10, 2015 12:01 pm ET

Beijing

Doomsayers are predicting an unpleasant end to China’s three decades of breakneck economic growth, and the most recent survey of American companies would seem to buttress that view. For U.S. firms in China, 2014 was the most challenging year for revenue and profit growth in recent history. More than 30% of companies have no investment expansion planned in 2015—the largest share since the recession in 2009—and more firms than ever have moved capacity outside of China or plan to do so. Almost 60% of those surveyed...